128
128
Apr 18, 2013
04/13
by
KPIX
tv
eye 128
favorite 0
quote 0
is cirrus logic's biggest customer so that meant another downbeat note for apple. stock fell 5.5% below $400 a share for the first time since 2011. stocks lower this morning by .5%. hanging just above $400 a share. the tech sector overall under a lot of pressure,er, not looking great to start -- earnings not looking great to start the quarter. google reports after the close. ebay reported yesterday. ist profit was good at $677 million even though revenue grew. it missed on expectations and ebay shares are falling 5.5% in the early going this rnmog. on the economicfront, the labor department reporting that first time weekly unemployme claims rose 4,000 this past week to 352,000. four-week average up to 361,000. still within a range suggesting job growth. market opening lower right now. dow is down 5. nasdaq down 2. s&p down a quarter point. back to you. >> thank you. >>> get this. a 92-year-old pilot makes a smooth emergency landing in florida and it's caught on tape. he did a great job. the plane came in for a landing. there's something missing. the pilot radioed t
is cirrus logic's biggest customer so that meant another downbeat note for apple. stock fell 5.5% below $400 a share for the first time since 2011. stocks lower this morning by .5%. hanging just above $400 a share. the tech sector overall under a lot of pressure,er, not looking great to start -- earnings not looking great to start the quarter. google reports after the close. ebay reported yesterday. ist profit was good at $677 million even though revenue grew. it missed on expectations and ebay...
80
80
Apr 24, 2013
04/13
by
KPIX
tv
eye 80
favorite 0
quote 0
and hopefully apple can lead the way to a positive day for everyone out there. the company did meet expectations in the latest quarter. even though its profit fell 18% from a year earlier to $9.5 billion, first year-over-year profit dropped for apple in a decade. revenue though up 11% to $43.6 billion another record quarter for the company. no new product announcements coming out but it did listen to shareholders. it is going to reward them with $145 billion in cash. it's upping its dividend by 15% and expanding buy back to $60 billion. after dropping in after-hours trading after that report yesterday,apple up 1.25%. also helping the market this morning is boeing after it topped earnings expectations. hits shares are rising quite a bit. -- its shares are rising quite a bit. durable goods orders dropped 5% last month due to a big drop in aircraft orders down 48%. in february you can see that goods orders were up by 4.3%. that report though not helping out all that much as we look at the big board right now. the blue chips are dropping by 11 points. nasdaq is up b
and hopefully apple can lead the way to a positive day for everyone out there. the company did meet expectations in the latest quarter. even though its profit fell 18% from a year earlier to $9.5 billion, first year-over-year profit dropped for apple in a decade. revenue though up 11% to $43.6 billion another record quarter for the company. no new product announcements coming out but it did listen to shareholders. it is going to reward them with $145 billion in cash. it's upping its dividend by...
111
111
Apr 22, 2013
04/13
by
KPIX
tv
eye 111
favorite 0
quote 0
. >>> a lot is riding on apple's earnings report that is expected tomorrow. they have had a tough couple of weeks. kcbs radio's financial reporter jason brooks reports. >> reporter: it seems like it's been a long time now since apple stock was above $700, back in september when they had a streak. it's been struggling and fell below $400 last week for the first time since december 2011. the company reports its fiscal 2nd quarter earnings after the closing bell tomorrow. it's expected to report an 18% drop in profits from a year earlier which would be the first year-over-year drop in profit since 2003. lots of worries that iphoneand ipad sales are much weaker as a lot of consumers hold off the next product refresh from apple and a lot will be riding on that. and for the stock tomorrow. the one good thing is with so many analyst downgrades, any good news from apple could turn it around tomorrow. ebay is trying to leverage its user base in a vote in congress. the company started sending emails to its 40 million usingers this weekend trying to get them to convince
. >>> a lot is riding on apple's earnings report that is expected tomorrow. they have had a tough couple of weeks. kcbs radio's financial reporter jason brooks reports. >> reporter: it seems like it's been a long time now since apple stock was above $700, back in september when they had a streak. it's been struggling and fell below $400 last week for the first time since december 2011. the company reports its fiscal 2nd quarter earnings after the closing bell tomorrow. it's...
92
92
Apr 23, 2013
04/13
by
KPIX
tv
eye 92
favorite 0
quote 0
apple and volkswagen are going to build an icar. cnet editor at large brian cooley joins us this morning to tell us all about it. it's an ibeetle i guess? >> exactly. they are going to roll out a new version of it. >> reporr: itwas just shoing to be a beetle that has the apple touch. apple has never worked with a carmaker before to revise and create a special edition of a car. this is a very big deal. here's the specifics. you can see it there. it doesn't look different from a regular beetle but all the styling touches will be done with apple. look at the top of the dash and you see where the iphone docks in a cuss stop dashtop dock. this isn't just more music in a custom dashtop dock. in will allow additional gauges and displays. there is the apple logo in volkswagen script. so it's an interesting blend. that iphone on the dash will do like i said additional gauges and information will display there that aren't on the dash. it will let you do postcards so you can hit a button on there and send out to your friends on social media or
apple and volkswagen are going to build an icar. cnet editor at large brian cooley joins us this morning to tell us all about it. it's an ibeetle i guess? >> exactly. they are going to roll out a new version of it. >> reporr: itwas just shoing to be a beetle that has the apple touch. apple has never worked with a carmaker before to revise and create a special edition of a car. this is a very big deal. here's the specifics. you can see it there. it doesn't look different from a...
79
79
Apr 24, 2013
04/13
by
KPIX
tv
eye 79
favorite 0
quote 0
they predict it will be the biggest rival to apple iphone 5 allowing users to control the screens with their eyes. t-mobile will sell it for $150 plus $20 a month over two years. it will be interesting to see how that works because i'm curious, what if your eyes you know -- i'm always losing attention and getting distracted. does that mean it goes off the screen? that would be a nightmare. >> did you get rid of your blackberry? has it come up to our century now? >> reporter: no, frank. thank you very much. i still have my fossil. [ laughter ] >> very good. >> keep it, ashley. it's all right. >> reporter: i don't like change. >> we hear there's some evidence out there that the rich are getting richer. what's that all about? >> reporter: yes. it is the battle cry of the 99%. the rich keep getting richer while the rest of us become poorer. according to a new report from the pew research center it found that was true. it says from 2009 to 2011, the net worth of wealthiest 7% of u.s. households rose 28% while everyone else's worth dropped 4% so i would like to leave you on that positive not
they predict it will be the biggest rival to apple iphone 5 allowing users to control the screens with their eyes. t-mobile will sell it for $150 plus $20 a month over two years. it will be interesting to see how that works because i'm curious, what if your eyes you know -- i'm always losing attention and getting distracted. does that mean it goes off the screen? that would be a nightmare. >> did you get rid of your blackberry? has it come up to our century now? >> reporter: no,...
397
397
Apr 19, 2013
04/13
by
KPIX
tv
eye 397
favorite 0
quote 0
numbers today stay in the mid-70s down in the south bay, a few low 80s, too. 79 in sunnyvale, home of apple computer, 80 cupertino. 82 morgan hill. san jose today 81 degrees. east bay we look at low 80s. 81 at livermore, pleasanton 82. and 82 at antioch. 76 vallejo near the delta. and 80 degrees in santa rosa and 78 degrees in petaluma. 75 for novato and 80 for sonoma. in the extended forecast we are going to be looking for numbers to still warm slightly through the weekend and into next week. look at tuesday numbers approaching mid- to upper 80s. and all the way toward next thursday. still stay warm inland 70s along the bay about as good as it gets with a mild beach. that's weather, here's traffic with elizabeth. >>> thank you, brian. we are still getting some more details about this accident in hayward. we have just confirmed that it is a fatal accident on mission boulevard so they closed off a couple of block stretch of mission boulevard both directions between blossom way and medford avenue. so this was an accident involving a pedestrian. and i'm just seeing some new information coming
numbers today stay in the mid-70s down in the south bay, a few low 80s, too. 79 in sunnyvale, home of apple computer, 80 cupertino. 82 morgan hill. san jose today 81 degrees. east bay we look at low 80s. 81 at livermore, pleasanton 82. and 82 at antioch. 76 vallejo near the delta. and 80 degrees in santa rosa and 78 degrees in petaluma. 75 for novato and 80 for sonoma. in the extended forecast we are going to be looking for numbers to still warm slightly through the weekend and into next week....
89
89
Apr 23, 2013
04/13
by
KPIX
tv
eye 89
favorite 0
quote 0
more earnings reports coming out today including apple, at&t and delta airlines. three biggies. nearly one-third of the companies in the s&p will report their results this week alone. the reports have been pretty good so far. on wall street the dow reversed an early slide yesterday and gained 19 points. the nasdaq climbed 27. >>> stock indices have more than doubled since the march 2009 bottom. but many investors still a little spooked by the markets. here to explain why is jill schlesinger, cbs news senior business analyst. >> reporter: good morning. >> ordinary investors might pile into stocks. tell us what's going on. >> reporter: well, it's so wild because the financial crisis and the subsequent 55% drop in stock indexes clearly have lot of a lasting impression on investors. according to bankrate.com's financial security index, a whopping 76% of respondents say they are just saying, no to stocks. that's a huge number. economists call this recency bias. we tend to use our resent experience as a guide for what's going to happen in the future. sohen stocks are soaring, we think
more earnings reports coming out today including apple, at&t and delta airlines. three biggies. nearly one-third of the companies in the s&p will report their results this week alone. the reports have been pretty good so far. on wall street the dow reversed an early slide yesterday and gained 19 points. the nasdaq climbed 27. >>> stock indices have more than doubled since the march 2009 bottom. but many investors still a little spooked by the markets. here to explain why is...
86
86
Apr 22, 2013
04/13
by
KPIX
tv
eye 86
favorite 0
quote 0
on wall street, several major companies including apple, ford and exxonmobil will release their earnings reports this week. this comes as the market finishes its worst week since november. but the market did manage to recover some of its losses friday. the dow rose 10 points while the nasdaq climbed 39. >>> asian markets were mostly hirer ahead of economic data from china. tokyo's nikkei added 2% a nearly five-year high. hong kong's hang seng added a fraction. >>> investors who on to their boeing stock following the grounding of its new 787 dreamliner are reaping the rewards. the faa approved a fix for the battery problem. boeing was up 19% from its low point this year. >>> it may be a better idea to drive than fly especially now with the cost of a gallon of gas dropping 11 cents in the past two weeks. the new lundberg survey found the national average now stands at 3.54 for a gallon of regular. tulsa, oklahoma, is the cheapest at 3.21 while chicago is the most expensive in the continental u.s. at 3.97. back to you. >> erica, no surprise a lot of giving people out there. over a million d
on wall street, several major companies including apple, ford and exxonmobil will release their earnings reports this week. this comes as the market finishes its worst week since november. but the market did manage to recover some of its losses friday. the dow rose 10 points while the nasdaq climbed 39. >>> asian markets were mostly hirer ahead of economic data from china. tokyo's nikkei added 2% a nearly five-year high. hong kong's hang seng added a fraction. >>> investors...